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Why does the stock market keep going up?
Posted by: AllGold
Date: June 30, 2020 06:10PM
DOW up ~217 today. Do they not know we're on the precipice of calamity?



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Re: Why does the stock market keep going up?
Posted by: Steve G.
Date: June 30, 2020 06:13PM
Trillions injected into the economy and corporations by the Congress and the Fed. One of the biggest sugar highs in human history.



Edited 1 time(s). Last edit at 06/30/2020 06:13PM by Steve G..
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Re: Why does the stock market keep going up?
Posted by: Speedy
Date: June 30, 2020 06:14PM
Yuuge amounts of cheap money from the Fed with no place (profitable) to go but into the market. Notice how the president has not been calling for Powell’s head lately!



Saint Cloud, Minnesota, where the weather is wonderful even when it isn't.
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Re: Why does the stock market keep going up?
Posted by: Dennis S
Date: June 30, 2020 06:37PM
I don't understand how there are dozens of facets (and most negative) and just one can go up, like housing starts, and the market goes way up.
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Re: Why does the stock market keep going up?
Posted by: Sarcany
Date: June 30, 2020 08:15PM
Quote
Steve G.
Trillions injected into the economy and corporations by the Congress and the Fed. One of the biggest sugar highs in human history.

Also, Drumpf has been playing a lot of golf.



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Re: Why does the stock market keep going up?
Posted by: sekker
Date: June 30, 2020 09:05PM
Far too many GOP own stock...
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Re: Why does the stock market keep going up?
Posted by: mrbigstuff
Date: July 01, 2020 12:51AM
And the most unemployment since... Well, I should probably not use that word.
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Re: Why does the stock market keep going up?
Posted by: Filliam H. Muffman
Date: July 01, 2020 01:02AM
Keep going up? It's been a roller coaster. The DJI was down 700 points on Friday.



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Re: Why does the stock market keep going up?
Posted by: AllGold
Date: July 01, 2020 02:25AM
Quote
Filliam H. Muffman
Keep going up? It's been a roller coaster. The DJI was down 700 points on Friday.

If you look at six months or a year, it is higher than I would expect given the current situation.



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Re: Why does the stock market keep going up?
Posted by: RgrF
Date: July 01, 2020 02:37AM
The stock exchanges have become like betting a roulette wheel - a total gamble. They're as detached from real world economics as the SEC is from oversight or the White House is from health science.
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Re: Why does the stock market keep going up?
Posted by: Sam3
Date: July 01, 2020 04:13AM
Probably a good time to re-evaluate my 401k portfolio and move my assets out of the high-risk funds into safer conservative slow-growth ones.



The arts are not luxuries but assets that give way more than they cost.
--Ronald Tucker on YouTube

A mind is like a parachute. It doesn't work if it is not open.
--Frank Zappa
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Re: Why does the stock market keep going up?
Posted by: pdq
Date: July 01, 2020 08:50AM
Have you heard of TINA? When bonds are paying zero, There Is No Alternative. So stocks get bid up and bid up to p/e levels seen only twice before (historically).

Until the bottom drops out. Then retail investors (read Mom-and-Pop) panic and sell.

Personally, I think the market is nuts.
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Re: Why does the stock market keep going up?
Posted by: Filliam H. Muffman
Date: July 01, 2020 09:52AM
Quote
AllGold
Quote
Filliam H. Muffman
Keep going up? It's been a roller coaster. The DJI was down 700 points on Friday.

If you look at six months or a year, it is higher than I would expect given the current situation.

That's a completely different statement.



In tha 360. MRF User Map
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Re: Why does the stock market keep going up?
Posted by: samintx
Date: July 01, 2020 05:13PM
Quote
Filliam H. Muffman
Keep going up? It's been a roller coaster. The DJI was down 700 points on Friday.

You bet your Bippy...it goes up then goes down.
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Re: Why does the stock market keep going up?
Posted by: AllGold
Date: July 01, 2020 06:07PM
Quote
Filliam H. Muffman
Quote
AllGold
Quote
Filliam H. Muffman
Keep going up? It's been a roller coaster. The DJI was down 700 points on Friday.

If you look at six months or a year, it is higher than I would expect given the current situation.

That's a completely different statement.

Ok, let me clarify.

The market will always have small and brief ups and downs. What I meant was since the crash, the trend has been up and the market has regained most of what it lost in the crash.



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